Asia real estate and outbound investment news
Link REIT has agreed to purchase a portfolio of three warehouses in the Yangtze River Delta for RMB 947 million ($139.3 million), as Asia Pacific’s largest listed trust returns to mainland China for its second-ever logistics acquisition.
The set consists… Read More>>
Sunac China Holdings has acquired a set of three projects from financially troubled mainland competitor Xinhu Zhongbao (600208.SH), adding one million square metres (10.8 million square feet) to its land bank, as the developer continues to ramp up its project… Read More>>
A Chinese warehouse developer invested by the Carlyle Group and Singapore’s Temasek Holdings last week got ready to put $300 million of that capital to work on a major new logistics facility in Wuxi aimed at serving demand from China’s… Read More>>
The chairman of a Hangzhou-based real estate developer blamed “stupid officials” for the hard times that have forced him to sell out his controlling stake in Greentown China to Sunac Holdings, in a transaction valued at HK$6.3 billion (US$813 million).
The bureaucrats running the city of Hangzhou in eastern China have reached back into their command-economy toolkits for a solution to rapidly decaying housing prices – make discounts subject to government approval.
The Hangzhou government announced on Wednesday that real… Read More>>
One eastern Chinese city has found a quick solution for propping up a declining housing market – creating more residents.
According to a report in the Wall Street Journal, Wuxi in Jiangsu province has begun relaxing the requirements for securing… Read More>>
China’s real estate industry witnessed its second significant default in less than a month last week when a Nanjing property developer failed to repay a RMB 105.4 million (US$16.9 million) inter-company debt from a Shenzhen-listed shipbuilder.
The default on a… Read More>>
Reports of a bubble in China’s real estate industry are on the rise this week as developers in Hangzhou and Changzhou have begun discounting homes to improve cashflow.
Discounts of as much as 36 percent for two projects in prosperous… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
China’s property sector has been a reliable money-spinner even in… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Major real estate investments in Shanghai rose nearly… Read More>>
